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DETROIT-Formerly the largest hotel in the world, the 32-story Detroit luxury hotel is getting inspected for either reuse or demolition. Several development proposals have risen and fallen during its 15 years vacancy.
PHOENIX-Bristol Management, a Phoenix-based relocation operation, takes a 8,640-sf office in the Camelhead Business Center along N. 44th Street. The relocation company specializes in corporate housing.
PHOENIX-From a new high-end design division to a handful of personnel changes, Phoenix-area firms are on the move. The forthcoming changes are representative of many fields in the commercial real estate industry.
YONKERS-Collins Enterprises, LLC broke ground Thursday on its $60 million mixed-use Hudson Park at Yonkers project on the city's waterfront at a ceremony attended by more than 100 state, city and county officials.
CHICAGO-The success of the "war against evil" will dictate the severity of the recession and best-case scenarios are failing to pan out, two economists tell the National Association of Industrial and Office Properties conference.
SANTA ANA, CA-The non-profit educational group will relocate its Hollywood headquarters to the new location in Santa Ana. Scholastics will occupy 13,694-sf in the two-story office campus.
LONDON-The Royal Institution of Chartered Surveyors has called on the UK government to reform the planning system. It says the current system fails to protect the environment while also failing to meet business, housing and social needs.
HOUSTON-A 15-year veteran is the new managing director for Granite Partners, an investment banking firm with offices in Houston, New York City and Los Angeles. Robert E. Williamson takes over the role in Houston.
PHOENIX-The Taubman Co. is taking a hard look at its prestigious Biltmore Fashion Park corner. Decision-makers there are talking of a major mixed-use project to complement the upscale 700,000-sf retail center.
LONDON-Prudential has pre-let the top three floors of its office refurbishment at 1 Knightsbridge Green, London SW1. Fast-growing asset manager New Star has taken 24,708 sf meaning that the scheme is 80% pre-let.